Modison Limited has reported a fire incident at its manufacturing facility in Gujarat, leading to temporary operational disruptions at the affected plant. The company disclosed this information to stock exchanges under regulatory compliance requirements on February 07, 2026.

Incident Details

The fire occurred in the early hours of Saturday, February 07, 2026, at the company's factory premises located at 85A, Phase-1, GIDC, Vapi - 396195, Gujarat. The incident affected a part of the facility that houses an ongoing manufacturing plant.

Damage Assessment and Impact

The company has confirmed that while there were no casualties or injuries reported from the incident, operations at the affected plant will face temporary disruption. Modison Limited is currently conducting a comprehensive assessment to determine the full extent of the damage and evaluate its potential impact on production capabilities.

The manufacturing facility affected by the fire houses ongoing production operations, making the assessment crucial for understanding the timeline for operational restoration.

Insurance Coverage and Claims

Modison Limited has assured stakeholders that the assets at the affected plant are adequately insured. The company has initiated the process of filing insurance claims to cover the damage and losses resulting from the fire incident.

Recovery and Communication

The company has committed to taking all necessary steps to restore normal operations at the earliest possible time. Modison Limited has also assured that it will keep the stock exchanges informed about any material developments related to the incident and recovery process.

This disclosure was made in compliance with Regulation 30 of the SEBI (LODR) Regulations, 2015, and SEBI Circular No. SEBI/HO/CFD/PoD2/CIR/P/0155 dated November 11, 2024, ensuring transparency with stakeholders regarding the incident and its implications.

Modison Metals has delivered exceptional financial performance in Q3, demonstrating strong operational execution and market presence. The company reported significant improvements across key financial metrics, highlighting robust business fundamentals and effective management strategies with notable gains in profitability and operational efficiency.

Financial Performance Overview

The company's financial results for Q3 showcase remarkable growth momentum across all key metrics. Net profit experienced substantial expansion while EBITDA registered strong growth, indicating healthy business operations and improved operational efficiency.

Profitability and Operational Efficiency

The standout performance comes from the company's profitability metrics, with net profit registering exceptional growth from 58 million rupees to 201 million rupees, representing a more than three-fold increase. Equally impressive is the EBITDA performance, which surged from 112 million rupees to 189 million rupees year-on-year, demonstrating enhanced operational efficiency.

Margin Expansion Analysis

The EBITDA margin improvement to 13.18% from 9.22% represents a significant 396 basis points expansion, indicating the company's ability to optimize costs and improve operational leverage. This margin enhancement, combined with revenue growth, has resulted in substantial absolute EBITDA gains.

Revenue Growth Trends

Revenue performance showed consistent growth trajectory, expanding from 1.2 billion rupees to 1.4 billion rupees year-on-year. This growth reflects the company's market expansion and operational scaling capabilities during the quarter, providing a solid foundation for the improved profitability metrics.